Live Selling Pet Portrait Auctions

Using live streams on platforms like TikTok and Whatnot to auction custom pet portraits in real-time, engaging with potential customers as they bid.

Revenue from auction sales of pet portraits, with potential for upselling additional products during live events.

Problem Solved

Traditional sales methods can lack engagement. Live selling creates excitement and urgency, drawing in customers who enjoy interactive shopping experiences.

Skills Required

Skills in live video production, social media marketing, and sales are important to successfully run live selling events.

Why this works now

Pet owners with disposable income who enjoy live events can engage in real-time bidding for custom pet portraits through platforms like Whatnot. To generate initial revenue, the business can target pet-focused communities on platforms such as r/dogs or r/cats, promoting upcoming live auctions. A constraint in the first year will be the high customer acquisition cost, as building a following and driving traffic to live events may require significant marketing investment before generating consistent sales.

Where this idea came from

Podcast: Koerner Office

Episode: He Made $800K in 2 Months From a $40 Start - Ep. #320

Aired:

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